BlackRock Energy and Resources Trust (NYSE:BGR – Get Free Report) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 34,700 shares, an increase of 10.9% from the October 31st total of 31,300 shares. Based on an average daily volume of 103,000 shares, the short-interest ratio is presently 0.3 days.
BlackRock Energy and Resources Trust Price Performance
Shares of BlackRock Energy and Resources Trust stock remained flat at $13.56 during midday trading on Tuesday. The company had a trading volume of 83,656 shares, compared to its average volume of 82,809. The firm has a 50 day simple moving average of $13.22 and a 200 day simple moving average of $13.07. BlackRock Energy and Resources Trust has a 1-year low of $11.86 and a 1-year high of $13.85.
BlackRock Energy and Resources Trust Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 16th will be paid a $0.0973 dividend. The ex-dividend date is Monday, December 16th. This represents a $1.17 annualized dividend and a dividend yield of 8.61%.
Institutional Investors Weigh In On BlackRock Energy and Resources Trust
About BlackRock Energy and Resources Trust
BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors.
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